Konvi Acquires Fractible and Diversified as Active User Base Hits 50,000 [Yahoo! Finance]
LVMH-MOET H/L/V UNSP/ADR (LVMUY)
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Source: Yahoo! Finance
platforms Diversified and Fractible , bolstering its global user base to 50,000 active users. Over the past year, there has been significant consolidation in the European fractional investment space as brokers struggle with compliance costs and complexities. Konvi, as Europe's leading fractional investment platform, is eyeing more acquisitions in the near future to strengthen its market-leading position, grow its customer base and expand its offering. Diversified and Fractible are leading luxury assets investment platforms in France which is a key market for Konvi. French shoppers buy more luxury than any other nation , while a significant proportion of France's economy is built on luxury goods with stocks like LVMH and Hermès forming integral parts of the country's famous Cac 40 index. All current investments on Diversified and Fractible will automatically transfer to the Konvi app in April. Investing in luxury assets such as fine wines, whiskeys, watches and vintage cars has l
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